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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 81,555 $ 9,808
Prepaid expenses and other current assets 2,000 311
Total current assets 83,555 10,119
Property and equipment, net 917 237
Operating lease right-of-use assets 2,529 3,182
Restricted cash 329 329
Deferred offering costs   1,096
Total assets 87,330 14,963
Current liabilities:    
Accounts payable 530 1,069
Accrued expenses and other current liabilities 3,214 3,240
Operating lease liabilities 964 899
Total current liabilities 4,708 5,208
Operating lease liabilities, net of current portion 1,708 2,427
Total liabilities 6,416 7,635
Commitments and contingencies (Note 11)
Total redeemable convertible preferred stock   130,666
Stockholders’ equity (deficit):    
Common stock, $0.001 par value; 200,000,000 and 275,000,000 shares authorized at September 30, 2020 and December 31, 2019, respectively; 12,924,817 and 230,860 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 13  
Additional paid-in capital 223,764 4,419
Accumulated deficit (142,863) (127,757)
Total stockholders’ equity (deficit) 80,914 (123,338)
Total liabilities, redeemable convertible preferred stock and stockholders’ equity (deficit) $ 87,330 14,963
Series A-1 Redeemable Convertible Preferred Stock    
Current liabilities:    
Total redeemable convertible preferred stock   39,742
Series A-2 Redeemable Convertible Preferred Stock    
Current liabilities:    
Total redeemable convertible preferred stock   18,393
Series A-3 Redeemable Convertible Preferred Stock    
Current liabilities:    
Total redeemable convertible preferred stock   38,114
Series A-4 Redeemable Convertible Preferred Stock    
Current liabilities:    
Total redeemable convertible preferred stock   6,000
Series B Redeemable Convertible Preferred Stock    
Current liabilities:    
Total redeemable convertible preferred stock   $ 28,417